Diminished Value
May 5, 2009 | 12:59 PM
Thread Starter
Joined: Apr 2007
Posts: 70
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From: Kennewick, WA
Diminished Value
My Z was backed into by a drunk, someone saw it and held them until the cops came. they had insurance and went to jail. Just $1500 damage but a wrecked car is worth less than one that has not been in a wreck.
Does anyone have experience or info on a formula etc?
Thanks.
Last edited by billp; May 5, 2009 at 01:25 PM .
May 5, 2009 | 01:09 PM
Joined: Apr 2007
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From: Port St. Lucie, FL
No results found for demished:
Did you mean demised (in dictionary) or Demish (in reference)?
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demised
demolished
dished
deboshed
famished
demister
demitted
meshed
moshed
mushed
Dimish
dashed
diminished
mashed
miched
diˈminished
May 5, 2009 | 01:13 PM
Joined: Jun 2005
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From: small home.
op failed the spelling bee
May 5, 2009 | 01:21 PM
Joined: Dec 2006
Posts: 4,003
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From: Minnesota
demished
May 5, 2009 | 01:21 PM
Joined: May 2007
Posts: 27,592
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From: MN
May 5, 2009 | 01:25 PM
Joined: Jun 2004
Posts: 42,753
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From: Tucson, AZ
The subject is addressed about once every 6 month. Never heard from a member who was successful with a diminished value claim.
Last edited by davidv; May 5, 2009 at 01:42 PM .
May 5, 2009 | 01:27 PM
Thread Starter
Joined: Apr 2007
Posts: 70
Likes: 0
From: Kennewick, WA
Yeap, I'm an idiot, always flunked English. Firefox didn't mark it so thought I was good. Thanks for straightening that out, now who has usable info?
May 5, 2009 | 01:28 PM
Thread Starter
Joined: Apr 2007
Posts: 70
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From: Kennewick, WA
I know that is addressed by insurance companies, just looking for a formula, before I talk with adjuster. They don't give it to you if you don't ask. I'll keep everyone posted when its over.
May 5, 2009 | 02:10 PM
Joined: May 2007
Posts: 27,592
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From: MN
Best bet is to ask the insurance adjuster.
May 5, 2009 | 02:15 PM
Joined: Dec 2006
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From: Minnesota
May 5, 2009 | 03:33 PM
Joined: Jun 2008
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From: Atlanta
Depends on how much damage. I hit a deer and the insurance company gave me a measly $162 for diminished value.
May 5, 2009 | 06:17 PM
Joined: Dec 2008
Posts: 2,910
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From: Greensboro, NC
Quote:
Originally Posted by
freedonutss
Depends on how much damage. I hit a deer and the insurance company gave me a measly $162 for diminished value.
I know people with antique/classic cars that have been successful in getting diminished value after a wreck. But I don't see you getting much money on an '04 Z.
May 7, 2009 | 06:00 AM
Aug 7, 2009 | 05:52 AM
Joined: Jun 2004
Posts: 42,753
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From: Tucson, AZ
Aug 7, 2009 | 06:04 AM
Joined: Jun 2009
Posts: 459
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From: St. Louis
Quote:
Originally Posted by
davidv
How much did you get?
lol davidv Ive noticed you keep wanting to tie up the loose ends to these threads
Aug 7, 2009 | 06:10 AM
Joined: Jun 2003
Posts: 2,699
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From: Dallas/Ft. Worth
$3644 ...check has cleared as a principal reduction payment to the car
Aug 7, 2009 | 06:11 AM
Joined: Dec 2008
Posts: 1,447
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From: Rapid City, SD Ellsworth AFB
Quote:
Originally Posted by
Boogshag
lol davidv Ive noticed you keep wanting to tie up the loose ends to these threads
Noob learn your chain of command.
Aug 7, 2009 | 06:12 AM
Joined: Jun 2003
Posts: 2,699
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From: Dallas/Ft. Worth
Aug 7, 2009 | 06:19 AM
Joined: Jun 2009
Posts: 459
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From: St. Louis
Quote:
Originally Posted by
NoWin
Noob learn your chain of command.
Quote:
Originally Posted by
moog
You're a noob too.
Aug 7, 2009 | 07:00 AM
Joined: Jun 2004
Posts: 42,753
Likes: 11
From: Tucson, AZ
Quote:
Originally Posted by
Boogshag
lol davidv Ive noticed you keep wanting to tie up the loose ends to these threads
I have to. Its my responsibility.